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Finance Minister, Ken Ofori-Atta, has stated that many central banks incurred losses as a result of the impact of the COVID-19 pandemic and the Russian/Ukraine war on their respective economies. Citing examples such as the Bank of…

The Institute for Energy Security (IES) has projected fuel prices to go up from Saturday, September 16, 2023. The price of diesel and Liquefied Petroleum Gas (LPG) are expected to go up by 1 and 4 percent respectively. However, it…

Finance Minister, Ken Ofori-Atta, has jumped to the defence of the Bank of Ghana, saying the Central Bank in the past almost seen year has remained prudent, strong, resilient and functioning efficiently. According to him, this has been…

The Aspen Network of Development Entrepreneurs (ANDE) has revealed that it is working with international financial institutions to address the over US$ 1 billion funding gap in the Small and Growing Businesses (SGB) space across the…

The Inspector-General of Police (IGP), Dr George Akuffo Dampare appeared before a parliamentary committee on Tuesday, September 12. This follows allegations made against the IGP by two senior officers regarding a leaked audio tape that…

The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Yofi Grant, has said the political instability in a few countries in Africa should be a disincentive for business people to invest on the continent, particularly…

The Minority caucus in Parliament has called for the immediate resignation of the Chief Executive Officer of the Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo. The caucus is of the firm belief that Mr. Aidoo has mismanaged the cocoa…

Ratings agency, Fitch, is optimistic Ghana will reach an agreement with the Official Creditor Committee by the end of 2023. This will pave way for the restructuring of the country’s external debt by the middle of 2024. According to…

Government has announced that it is re-opening the Domestic Debt Exchange Programme, particularly for investors who didn’t sign up in February. The Finance Ministry in a statement noted that the opportunity will also cover holders of the…

The world economy is likely to grow a bit faster in 2023 than Fitch Ratings expected in its June Global Economic Outlook (GEO). However, the deepening slump in China’s property market is casting a shadow over global growth prospects,…